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    • Price cut: $80.1K (7/14)
    $749,900

    116 Redwood Ave, Paterson City, NJ 07522

    8beds
    --sqft
    : 
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    Multi Family
    Built in 1940
    -- sqft lot
    $762,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious and well-maintained 2 family home located in a highly desirable area of Paterson; perfect for investors or owner occupants! The first floor unit offers living room, an eat-in kitchen, 4 generously sized bedrooms and 1 full bathroom. The second floor unit features living room, eat-in kitchen, 4 bedrooms, including a primary (master) bedroom with a private en-suite bathroom, plus and additional full bathroom. The property includes a fully finished basement, ideal for extra living space, recreation or storage. Recent upgrades provide peace of mind, including a new roof (2024), newer flooring throughout (2024), updated heating system components (2019), and a brand new water heater (2025) with a 10-year warranty. Conveniently located near schools, restaurants, shopping centers, public transportation and major routes offering easy access to everyday conveniences and commuting. Don't miss this excellent opportunity!
    105 days
    |
    298
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rose Palumbo 973-942-4300,

    Unicasa Union Realty Inc

    Source: GSMLS,MLS#: 4018931MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • 2 Units, Natural Gas
      Cooling
      • See Remarks
      Appliances
      • Included: See Remarks
      Features
      • Bedrooms, Eat-in Kitchen, Living/Dining Room, Eat-In Kitchen
      • Basement: Yes,Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: On Street
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 25 x 100
      Details
      • Parcel number: 2508009090000000390000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding, Brick
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1940
      • Major remodel year: 2007

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, See Remarks

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
      Location
      • Region: Paterson

      Financial & listing details

      • Tax assessed value: $515,800
      • Annual tax amount: $10,760
      • Date on market: 4/7/2026
      • Total actual rent: 0
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
      • Electric utility on property: Yes

        Estimated market value

        $762,300

        $724,000 - $800,000

        $1,459/mo

        Price history

        DateEventPrice
        7/14/2026Price change$749,900-9.7%
        Source: GSMLS #4018931 Report a problem
        4/7/2026Listed for sale$830,000+295.2%
        Source: GSMLS #4018931 Report a problem
        10/10/2015Sold$210,000-23.6%
        Source: GSMLS #3187388 Report a problem
        1/26/2007Sold$275,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,277 +3.9%$201,700
        2024$9,889 +1.8%$201,700
        2023$9,716 +7.6%$201,700
        2022$9,028 $201,700
        2021$9,028 +12.1%$201,700
        2020$8,053 -3%$201,700 +3.5%
        2019$8,306 +4.8%$194,800 +1.5%
        2018$7,925 -4.4%$192,000 +0.8%
        2017$8,292 +5.6%$190,500 -0.3%
        2016$7,850 -1.6%$191,100
        2015$7,975 +5.7%$191,100 -30.5%
        2014$7,546 +9.1%$275,000
        2012$6,916 +18.3%$275,000
        2011$5,847 -17.1%$275,000
        2010$7,054 $275,000 -24.7%
        2009-- $365,300
        2008-- $365,300
        2007-- $365,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Totowa

        Getting around

        88 / 100
        Very Walkable
        51 / 100
        Good Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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